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105-107 S Cities Service Hwy
Sulphur, LA 70663
Walgreens - Sulphur, LA · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.89 AC

Amenities

  • Drive Thru

About 105-107 S CITIES SERVICE HWY , SULPHUR, LA 70663

1. Absolute NNN Lease – Fee simple ownership with zero landlord responsibilities. Tenant pays for CAM, insurance, utilities, taxes, and maintains all aspects of the premises. 2. Nearby Commercial Tenants – Include Walmart, Lowe’s Home Improvement, McDonald’s, Raising Canes, Circle K, Taco Bell, Sonic Drive-In, Popeyes Louisiana Kitchen, Enterprise Rent-A-Car, and more. 3. Proximity to Major Refining Operations - Proximity to major refining operations for companies such as Phillip’s 66, Citgo and Sasol North America. Over $100 billion in refining investments for the region are either planned or underway. 4. The $117 Billion Region – Southwest Louisiana (including Lake Charles and Sulphur), bolstered by a petrochemical and transportation infrastructure network that is second to none in the US, Southwest Louisiana has already seen $1.74 billion in construction completed since 2012. By 2020, if all goes as planned, that number will top $117 billion. 5. Lake Charles MSA – is the focal point of a multi-billion dollar investment that will erect new manufacturing facilities or expand existing ones. These projects are described as “world scale”, meaning that the products are destined for international markets, potentially securing southwest Louisiana’s position as the nation’s top exporter for years to come. These projects will produce tens of thousands of jobs, both temporary and permanent. 6. Nationally Recognized Investment Grade Tenant – Lease is fully guaranteed by Walgreens Co. (S&P’s Rated BBB). The company is ranked #17 on the 2017 Fortune 500.

Property Taxes

Property Taxes

Parcel Number
00639303A
Land Assessment
$99,620
Improvements Assessment
$225,750
Total Assessment
$325,370
  • Listing ID: 14659411

  • Date on Market: 12/17/2018

  • Last Updated:

  • Address: 105-107 S Cities Service Hwy, Sulphur, LA 70663

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